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Matthew B.'s profile image
Matthew B.'s profile image
Matthew B.
  • Investor
  • from Howey in the Hills, FL
  • Member since Sep 10, 2013
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376
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Matthew B.'s profile image
Matthew B.'s profile image
Matthew B.
  • Investor
  • from Howey in the Hills, FL
  • Member since Sep 10, 2013
Connect
Matthew B.
  • Investor
  • Howey in the Hills, FL
114
Votes |
376
Posts
General Landlording & Rental Properties

Most Of Neighborhood Owned By One Person - Should I Buy There?

Matthew B.
  • Investor
  • Howey in the Hills, FL
Posted

I have the opportunity to buy a duplex in a neighborhood where 90% of the other properties are owned by the same landlord. Their properties are ok for now, but my concern is that this landlord could get lazy with upkeep/screening or could sell the portfolio to a slumlord and the neighborhood could go downhill quickly. 

Has anyone dealt with this before? Would you buy there?

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